If you need to move that top level folder to a different drive, it's easy to simply copy the entire folder structure to a new drive and tell Lightroom to point to that new drive using the Update Folder Location command.
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Or just move that folder, within LR, to the other drive which should be visible in LR.
In that way I have a "work drive" on which I have my current projects and several off-line drives with the other 75.000 images.
In this way I can see all my 120.000 + images.
Once a week I use "Sync back pro" for syncing with the back-up drive. Once every 4 weeks I sync all drives with the external ( off premisses) drives.
Henk